Invia

Sector: travel industry

Client: MCI Management S.A. a akcionáři

Year: 2016

Deal value: 76 mil. Euro

Rothschild and CORPIN acted as an exclusive financial advisor to the Polish private equity group MCI Management S.A. in relation to disposal of the online travel agent Invia, leader in the online travel market in CEE, for €76 million.

Invia is the biggest online agent for travel packages in the Czech Republic, Slovakia and Poland (via its majority-owned subsidiary TravelPlanet.pl), and is the second biggest player in this segment in Hungary.

Invia Group, which achieved consolidated revenues of c. €30 million and sold travel services (mainly travel packages, its main focus) in the value of c. €260 million to approximately 160,000 customers, was sold to the Prague-based investment company Rockaway Capital after a competitive auction process organized by Rothschild and CORPIN.

This landmark transaction is the largest deal in online-distributed B2C services in the Czech Republic and Slovakia.
MCI’s press release detailing the transaction can be found
here.